Is tilapia farming profitable in Nigeria?

Is tilapia farming profitable in Nigeria?

The fact that these fishes grow rapidly and then tolerate high stocking densities and poor water quality, makes them a lucrative breed for fish farmers to grow. Tilapia is one of the common fish types cultivated in Nigeria.

How much is tilapia fish in Nigeria?

A carton of Tilapia fish in Nigeria start from Fifteen Thousand Naira (N15,000) to Twenty Thousand Naira (N20,000)….Price of Tilapia fish in Nigeria 2021.

Quantity (Kg) Price in Words Cost in Figures
Price Per Kilo One Thousand Five Hundred Naira ₦1,500

How can I start tilapia farming in Nigeria?

How to Start Tilapia Fish Farming in Nigeria

  1. Set Your Goal On Tilapia Farming Business.
  2. Draw your Business Plan for Feasibility Study.
  3. Build Your Ponds and Set them Up to Fish Farming Standard.
  4. Ponds Management and Control.
  5. Put Fishes into your Pond.
  6. Adequately Feed Your Tilapia Fish.

Where is tilapia fish farmed?

The increasing popularity of tilapia is due its mild taste and the relative ease with which the fish can be raised on fish farms, leading to a lower cost. Although there are tilapia farms in North America, most of the tilapia consumed are imported from Asia, with China being the main producer.

What is the most profitable fish to farm in Nigeria?

Get Juvenile Fish You need to go for the high yield specie of catfish or tilapia and make sure you are getting it from a healthy farm.

How much does it cost to start a fish farm in Nigeria?

In general term, fish farming requires adequate funding both for the start up, maintenance, medication and feeding. The estimated cost of starting a fish farm in Nigeria from the scratch in 2021 start from Three Hundred and Fifty Thousand Naira (N350,000) to about Six Hundred Thousand Naira (N600,000) only.

How many pieces of fish are in a carton of tilapia?

Size 500-800 tilapia fish 17 pieces per carton tilapia

Size 500-800 tilapia fish 17 pieces per carton Oreochromis Niloticus
Types of Processing WR: Whole Round GS: Gutted & Scaled GGS: Gutted & Scaled & Gilled, Cleaned (gutted & gilled & scaled & fins off & tail off),
Origin Fujian, China (Xiamen Port)

Which fish is best for farming in Nigeria?

Catfish is The Most Farmed Fish Species in Nigeria Despite this growth, catfish, which are typically grown in ponds and tanks, is the most farmed species in the country and is responsible for more than half of the aquaculture production.

Is raising tilapia profitable?

As long as production per ha is above 7,499 kg, then it is profitable to raise tilapia in the short run. To calculate breakeven yield above total costs, divide total costs by the price and then divide by the 1 ha in the farm to obtain a breakeven yield of 8,054 kg/ha.

What is the cost of tilapia fish?

Tilapia Fish 4 Piece In 1 Kg at Rs 70/kilogram | Tilapia Fish | ID: 19008476812.

How much is a kilo of fish in Nigeria?

₦2,150.00 per 1 kg.

How do you farm tilapia?

You can harvest tilapia by using a dip net or a lift net. Lower the net down to the bottom of the pond and spread a small amount of feed on the water just above the net. Lift the net as fast as possible to prevent the escape of the tilapia. After harvesting, stock the pond again.

  • October 6, 2022